LEEVN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LEEVN
Largest movements
- Current investments -€56,646
no longer reported in 2025 (was €56,646)
- Cash +€54,914
new in 2025: €54,914
mainly Current investments (+€56,646) and Depreciation (+€30,426)
- Tangible fixed assets -€34,239
down €34,239 (-7.2%), from €473,447 to €439,208
of which Other tangible fixed assets: -€28,452
- Debts after one year -€23,748
down €23,748 (-4.3%), from €552,377 to €528,629
- Other debts -€13,175
down €13,175 (-7.5%), from €175,538 to €162,363
- Gross operating margin +€16,308
up €16,308 (+51.4%), from €31,754 to €48,062
- Financial charges +€2,893
up €2,893 (+25.2%), from €11,479 to €14,372
- Depreciation +€2,790
up €2,790 (+10.1%), from €27,636 to €30,426
- Other operating charges +€526
new in 2025: €526
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €546,192 | €510,120 | -€36,072 | -6.6% |
| Fixed assets | 21/28 | €473,447 | €439,208 | -€34,239 | -7.2% |
| Tangible fixed assets | 22/27 | €473,447 | €439,208 | -€34,239 | -7.2% |
| Plant, machinery and equipment | 23 | €23,973 | €18,187 | -€5,786 | -24.1% |
| Other tangible fixed assets | 26 | €449,474 | €421,022 | -€28,452 | -6.3% |
| Current assets | 29/58 | €72,745 | €70,911 | -€1,833 | -2.5% |
| Amounts receivable within one year | 40/41 | €16,099 | €14,268 | -€1,830 | -11.4% |
| Trade receivables | 40 | €16,099 | €2,332 | -€13,766 | -85.5% |
| Other amounts receivable | 41 | - | €11,936 | +€11,936 | |
| Current investments | 50/53 | €56,646 | - | -€56,646 | |
| Cash at bank and in hand | 54/58 | - | €54,914 | +€54,914 | |
| Deferred charges and accrued income | 490/1 | - | €1,729 | +€1,729 | |
| Total equity and liabilities | 10/49 | €546,192 | €510,120 | -€36,072 | -6.6% |
| Equity | 10/15 | -€230,977 | -€233,617 | -€2,639 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€237,177 | -€239,817 | -€2,639 | -1.1% |
| Amounts payable | 17/49 | €777,169 | €743,737 | -€33,432 | -4.3% |
| Amounts payable after more than one year | 17 | €552,377 | €528,629 | -€23,748 | -4.3% |
| Financial debts | 170/4 | €552,377 | €528,629 | -€23,748 | -4.3% |
| Amounts payable within one year | 42/48 | €224,792 | €213,374 | -€11,418 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €21,971 | €22,608 | +€637 | +2.9% |
| Trade debts | 44 | €23,008 | €22,736 | -€272 | -1.2% |
| Suppliers | 440/4 | €23,008 | €22,736 | -€272 | -1.2% |
| Taxes, remuneration and social security | 45 | €4,276 | €5,667 | +€1,391 | +32.5% |
| Taxes | 450/3 | €4,276 | €5,667 | +€1,391 | +32.5% |
| Other amounts payable | 47/48 | €175,538 | €162,363 | -€13,175 | -7.5% |
| Accrued charges and deferred income | 492/3 | - | €1,734 | +€1,734 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,636 | €30,426 | +€2,790 | +10.1% |
| Other operating charges | 640/8 | - | €526 | +€526 | |
| Non-recurring operating charges | 66A | - | €5,378 | +€5,378 | |
| Gross operating margin | 9900 | €31,754 | €48,062 | +€16,308 | +51.4% |
| Operating profit (loss) | 9901 | €4,118 | €11,732 | +€7,614 | +185% |
| Financial charges | 65/66B | €11,479 | €14,372 | +€2,893 | +25.2% |
| Recurring financial charges | 65 | €11,479 | €14,372 | +€2,893 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,361 | -€2,639 | +€4,722 | +64.1% |
| Income taxes | 67/77 | €45 | €0 | -€45 | -100% |
| Profit (loss) for the period | 9904 | -€7,406 | -€2,639 | +€4,767 | +64.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,406 | -€2,639 | +€4,767 | +64.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.